Re:Ask HN: The Bitcoin adoption paradox
by architect on Tuesday August 08, 2017 @04:21AM
(#14955663)
> The more the value continues to increase, the less people want to spend it.
Exactly the opposite. Bitcoin value has gone up, my purchasing power has increased. Now I can finally I can afford that silver Bugatti. Why not spend the money now so I can have the life that I want rather than taking all those nice digits into my grave?
Exactly the opposite. Bitcoin value has gone up, my purchasing power has increased. Now I can finally I can afford that silver Bugatti. Why not spend the money now so I can have the life that I want rather than taking all those nice digits into my grave?